How does the housing market look in Cherry Hill? Take a look at up-to-date home sale trends like the latest home sale prices, new listings, and more.
Market Insights
Cherry Hill Virginia
Median Sale Price
$600,000
15.8%
New Listings
52
6.1%
Number of Homes Sold
41
10.9%
Median Days on Market
4
20.6%
Market Overview
In the last 30 days, homes for sale in Cherry Hill, VA sold for a median price of $600,000, up 15.8% compared to the same period last year. The median price per square foot was $213.59, up 10.1% year-over-year. There were 41 homes sold, down from 46 last year.
All Home Types
Median
lightbulbWhat does this mean?
The median sale price helps you understand how much you should expect to spend on a home in a market. The higher the median price of the homes, the more expensive the market is overall. The rate at which home prices change is an indicator of whether homes are becoming more or less affordable in that market. Learn more about buying a home.
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Get StartedHousing Supply
Yesterday, the total number of homes for sale in Cherry Hill, VA was 111, up 29.1% compared to last year. In the last 30 days, 52 new homes were listed for sale, up 6.1% year-over-year. The median days on market was 4.08, down from 5.14 days last year. The months of supply was 0.88, up from 0.67 months last year.
All Home Types
lightbulbWhat does this mean?
The number of homes that are available for sale in a market tells you how much choice you have. The rate at which this number changes indicates whether the number of options are increasing or decreasing for buyers. Learn more about buying in a hot market.
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Start QuizHousing Demand
In the last 30 days, homes in Cherry Hill, VA had a median sale-to-list-price ratio of 103.23%, up 0.1 pt compared to the same period last year. 75.61% of homes sold above list price, down 2.7 pt year-over-year. 0% of homes listed dropped in price, down 6.5 pt from last year.
All Home Types
Median
lightbulbWhat does this mean?
Sale-to-list price tells you how much you may have to pay over the asking price to buy the home you want. When this number is above 100%, you may need to pay more than the asking price for the home you want.
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Cash offers are 4x more likely to be accepted.
Orchard helps you make a stronger, cash-backed offer.
Get StartedHomes For Sale In Cherry Hill
Fairfax Realty Premier • MLS VAPW2028594 • Status: Active
Weichert, REALTORS • MLS VAPW2028718 • Status: Active
Spring Hill Real Estate, LLC. • MLS VAPW2029042 • Status: Active
Century 21 Redwood Realty • MLS VAPW2027544 • Status: Active
Monument Sotheby's International Realty • MLS VAPW2029030 • Status: Active
Monument Sotheby's International Realty • MLS VAPW2029028 • Status: Active
Rosemont Real Estate, LLC • MLS VAPW2028776 • Status: Active
Samson Properties • MLS VAPW2028636 • Status: Active
SM Brokerage, LLC • MLS VAPW2028810 • Status: Active
KW United • MLS VAPW2028682 • Status: Active
RE/MAX Allegiance • MLS VAPW2023676 • Status: Active
RE/MAX Home Realty • MLS VAPW2028126 • Status: Active
SM Brokerage, LLC • MLS VAPW2028358 • Status: Active
SM Brokerage, LLC • MLS VAPW2028350 • Status: Active
Samson Properties • MLS VAPW2028048 • Status: Active
Redfin Corporation • MLS VAPW2026630 • Status: Active
RE/MAX Allegiance • MLS VAPW2028210 • Status: Active
Cottage Street Realty LLC • MLS VAPW2027948 • Status: Active
Century 21 Redwood Realty • MLS VAPW2027766 • Status: Active
Pearson Smith Realty, LLC • MLS VAPW2026508 • Status: Active